SPAREX LIMITED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPAREX LIMITED ApS
SPAREX LIMITED ApS (CVR number: 66482715) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 2682.4 kDKK in 2024. The operating profit was -0.1 kDKK, while net earnings were 25.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 23.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SPAREX LIMITED ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 814.00 | 3 349.00 | 3 364.00 | 3 085.04 | 2 682.43 |
EBIT | 2 814.00 | 3 349.00 | 3 364.00 | 209.65 | -0.14 |
Net earnings | 154.00 | 303.00 | 111.00 | 186.23 | 25.45 |
Shareholders equity total | 570.00 | 657.00 | 614.00 | 799.80 | 825.25 |
Balance sheet total (assets) | 5 055.00 | 4 703.00 | 3 077.00 | 3 535.89 | 3 531.28 |
Net debt | - 815.10 | - 751.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 60.7 % | 68.6 % | 86.5 % | 7.3 % | 1.6 % |
ROE | 19.5 % | 49.4 % | 17.5 % | 26.3 % | 3.1 % |
ROI | 60.7 % | 68.6 % | 86.5 % | 9.5 % | 2.6 % |
Economic value added (EVA) | 2 763.25 | 3 320.36 | 3 330.99 | 130.59 | - 102.19 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 23.2 % | 23.8 % |
Gearing | 153.6 % | 160.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | |||
Current ratio | 1.3 | 1.3 | |||
Cash and cash equivalents | 2 043.47 | 2 074.49 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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